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JAMB Economics 1978 Question 46

Question 46

Population

The optimum population of a country is reached when

  1. A.all factors of production have been fully employed
  2. B.the productive effort per man is at its highest with a given volume of resources
  3. C.the total population of a country increases
  4. D.the natural resources of a country increases
  5. E.the working population of a country increases.
Show the answer and explanation

Answer: B (the productive effort per man is at its highest with a given volume of resources)

Explanation

Optimum population is the size at which output per head is greatest, given the country's other resources.